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Wednesday, July 30, 2014

I'm Bad at Station Trading

There are things that In have never been able to get s hang of in Eve. One of them is station trading. That may sound odd to some. I run a market. I actively engage I. Market PvP at times. Why can't I station trade?

Well, I have two problems. One is patience.

I was liquidating things in Jita. Stuff accumulation starts to make you fear you are a hoarder. Liquidation is good for the wallet. I had stacks of things almost smothering me so it was time to send it to the wild to smother someone else. I believe in sharing.

I listed my stuff a bit under the lowest sell and walked away for a week. After a week I came back to look at my orders. They were snuggled in a deep cacoon of non-movement about 100k ISK deep.

I cut all my prices down to buy orders. Dumped my items and walked away. And I was happy. I don't care that I lose a few million ISK. The .1 ISK wars make me want to run the other way. So they win. Good game, etc, etc. I don't have the patience.

My second problem is taking risks and chasing the margins. For those who are good at it itnisnrisk free and sensable. For me, it is like selling lemonaid under a bridge on a deserted highway. I just can't seem to make the good decision.

My own market was a lot of trial and error. I simply took both the trial and error in small teaspoons. Those teaspoons are great for trial and error but not useful when trying to push a cruise ship aka make profit by station trading.

2 comments:

I used to do ice refining for a living. Almost always ran buy orders for a few day then went to Jita on Sunday/Wednesday and took the best buy prices, because that was the best profit per month.

If I have a billion isk spent on Ice, and can sell it *now* for 1.1 or by the end of the week for 1.5 I'd rather get my isk back and put up another bill in buy orders to have something to sell next trip. Minimised effort, too, so more time to enjoy my profits.

Easiest way to liquidate is set sell orders right in the middle of the gap and then go do your usual thing. They'll sell, generally quickly and you get half the benefit of 0.1ing for a tiny fraction of the time. I usually judge whether it's worth it by how many slots I have vs how valuable the items are and how wide the gap is.

Course, sometimes I just hold out for a high price and a few months later someone runs the orders at a hub (it's been a great, if slow, way to sell high end implants).

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